4133 Catherine St Panama City, FL 32408
Estimated payment $1,272/month
About This Home
Buildable Double Lot - Steps to the Water! Opportunity knocks... and this one is loud. Just one block off the water, this oversized double lot offers flexibility that's almost impossible to find in this part of Panama City Beach. Build two homes for maximum investment potential, or spread out and create one custom coastal dream home with room for everything you've ever pictured. Located just down the road from The Preserve on the Bay and Bay Point, you'll enjoy the convenience of premier neighborhoods—without the HOA fees. That's right... freedom to build what you want, how you want it. A two-story home on this property can capture peek-a-boo water views from the upper level, giving you that daily ''pinch-me'' moment. Even better, the lot sits in Flood Zone X, meaning no flood insurance requirement—a rare win this close to the coast. Whether you're a builder, investor, or someone ready to design your forever beach retreat, this location simply can't be beat.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,109
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100x130
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Community Details
- No Home Owners Association
- Magnolia Beach 1St Add Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,006 | $88,547 | -- | -- |
| 2023 | $1,006 | $80,497 | $79,296 | $1,201 |
| 2022 | $1,656 | $139,693 | $73,248 | $66,445 |
| 2021 | $1,164 | $131,543 | $60,672 | $70,871 |
| 2020 | $1,175 | $131,002 | $0 | $0 |
| 2019 | $1,150 | $128,057 | $50,592 | $77,465 |
| 2018 | $1,171 | $128,145 | $0 | $0 |
| 2017 | $1,150 | $125,509 | $0 | $0 |
| 2016 | $1,180 | $126,203 | $0 | $0 |
| 2015 | $726 | $88,896 | $0 | $0 |
| 2014 | $716 | $88,190 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $225,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Attorney | |
| Warranty Deed | $149,500 | Omega Title Llc | |
| Warranty Deed | $175,000 | Omega Title Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $175,000 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 782227
APN: 31333-000-000
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